Delta Financial Group Inc. Takes Position in Columbia Financial, Inc. (NASDAQ:CLBK)

Delta Financial Group Inc. acquired a new stake in Columbia Financial, Inc. (NASDAQ:CLBK) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 36,556 shares of the company’s stock, valued at approximately $578,000.

A number of other institutional investors and hedge funds have also made changes to their positions in CLBK. Barclays PLC increased its position in shares of Columbia Financial by 132.1% in the third quarter. Barclays PLC now owns 49,452 shares of the company’s stock valued at $844,000 after buying an additional 28,147 shares in the last quarter. Roxbury Financial LLC purchased a new stake in shares of Columbia Financial during the fourth quarter worth approximately $332,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Columbia Financial during the third quarter worth approximately $300,000. Jane Street Group LLC increased its position in shares of Columbia Financial by 36.9% during the third quarter. Jane Street Group LLC now owns 45,630 shares of the company’s stock worth $779,000 after purchasing an additional 12,291 shares in the last quarter. Finally, Strategic Advisors LLC purchased a new stake in shares of Columbia Financial during the fourth quarter worth approximately $165,000. 12.72% of the stock is currently owned by hedge funds and other institutional investors.

Columbia Financial Stock Down 1.5 %

Shares of CLBK opened at $15.38 on Friday. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.99 and a current ratio of 0.99. Columbia Financial, Inc. has a one year low of $13.79 and a one year high of $19.28. The stock has a market capitalization of $1.61 billion, a price-to-earnings ratio of -128.17 and a beta of 0.21. The stock has a 50 day moving average price of $15.72 and a 200 day moving average price of $16.77.

Columbia Financial (NASDAQ:CLBK) last issued its quarterly earnings results on Tuesday, January 28th. The company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.07 by $0.04. Columbia Financial had a positive return on equity of 2.20% and a negative net margin of 2.39%. Equities research analysts forecast that Columbia Financial, Inc. will post 0.43 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Columbia Financial news, Director Noel R. Holland sold 10,000 shares of the business’s stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $17.06, for a total transaction of $170,600.00. Following the transaction, the director now owns 30,501 shares of the company’s stock, valued at approximately $520,347.06. The trade was a 24.69 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 3.38% of the stock is owned by company insiders.

Columbia Financial Profile

Columbia Financial, Inc, a bank holding company, provides various financial services to businesses and consumers in the United States. Its deposit products include checking, interest-earning checking products and municipal, savings and club deposits, and money market accounts, as well as certificates of deposit.